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20121108
20121116
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CBS
Nov 11, 2012 6:00pm PST
the nation" today lindsey graham said while republican was not support raising taxes, they would consider other ways of raising revenue as part of a comprehensive plan. >> failure is not an option for the country when it comes to fiscal cliff. >> glor: house speaker john boehner held a conference call with his members telling them compromise was needed. obama senior advisor david axelrod called boehner's comments to members encouraging. >> i think there are a lot of ways to skin this cat so long as everybody comes with a positive, constructive attitude toward the task. >> glor: if the automatic spending cuts happen, exactly 50% of the board without fall on the pentagon. national security correspondent david martin lays out what that would mean. e> reporter: the dreaded sequestration would double the $500 billion in cuts the pentagon is already planning to make over the next decade. defense secretary panetta has not minced words about what that would mean. >> if a sequestration is allowed to go into effect it will be a disaster for national defense. >> reporter: according to panetta the ne
Search Results 0 to 1 of about 2 (some duplicates have been removed)